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Search Results 0 to 35 of about 36 (some duplicates have been removed)
CNN
Feb 19, 2013 1:00pm PST
. president obama is warning of dire consequences for all of us in lawmakers don't act quickly. we're talking about those forced budget cuts that take effect march 1st, slashing $85 billion from spending across the board this year. but with just ten days left, the consequences are backing more alarming. president obama outlined some of them today, told congress, let's make a deal while there is still some time. >> my door is open. i've put tough cuts and reforms on the table. i am willing to work with anybody to get this job done. none of us will get 100% of what we want. but nobody should want these cuts to go through because the last thing our families can afford right now is pain imposed unnecessarily by partisan recklessness and ideological rigid tea here in washington. visually, the president tried to make that point by having law enforcement officers standing behind him. many of them could lose their jobs. our joe johns is covering that with the different ways that the budget cuts could directly affect you. we also have renee marsh covering the potential cut and how it kol affect the fo
ABC
Feb 19, 2013 7:00am EST
government are responding this morning. >>> also coming up, michelle obama opening up for the first time about why she really got those bangs. why she says the move was more than just about a hairstyle. they were about a mid life crisis. >> all right. all of that to get to and more. >>> let's get to the latest on oscar pistorius, becoming very emotional in court this morning. the double-amputee olympic sprinter charged in the murder of his model girlfriend. bazi kanani is in south africa, with the breaking details for us. bazi? >> reporter: good morning, amy. an emotional scene inside the court just a couple of hours ago, when the judge ruled this will proceed as a premeditated murder case, the most serious of charges. oscar pistorius' family started crying because this means it's much less likely he'll be granted bail. and if he's found guilty, it would mean a life sentence. the 26-year-old double-amputee nicknamed the blade runner, represent, head in hand, as the prosecutor said he shot and killed an innocent, unarmed woman. the state outlined its case against pistorius. they believe h
ABC
Feb 19, 2013 7:00am PST
. we'll have the very latest. >>> also coming up, michelle obama opening up for the first time about why she really got those bangs. why she says the move was more than just about a hairstyle. they were about a mid-life crisis. >>> looking forward to all of that coming up. but first, let's get to the latest on oscar pistorius. becoming very emotional in court this morning. his lawyer reading a statement saying he shot his model girlfriend to death by mistake, believing she was a robber. abc's bazi kanani is in pretoria, south africa, for us. >> reporter: good morning, amy. this is the first time we're hearing oscar pistorius's version of what happened. he and steenkamp were in love. she brought him a valentine's gift the day she died. police will present a different story. the 26-year-old double-amputee nicknamed the blade runner, wept, head in hands, as the prosecutor said he shot and killed an innocent, unarmed woman. the state outlined its case against pistorius. they believe he got out of bed, put on his prosthetic legs and walked 21 feet to a locked bathroom door. inside that ba
MSNBC
Feb 20, 2013 3:00am PST
the pictures of president obama playing golf with tiger woods this weekend? neither did we. >> the media covering the president was shut out. the press corps complained. >> folks, there are a lot of holes in the story, specifically 18 of them. but i believe america deserves to know, who drove the cart? who rode shotgun? did the president hit from the ladies' tee? did he replace his divots? or did he send susan rice to cover them up? but folks, oh, yeah, yeah, you're just as upset as i am, i can tell. >> good morning, it's wednesday, february the 20th. with us on set here in new york city, msnbc contributor mike barnic barnicle, economic analyst steve rattner, former policy adviser to the bush administration, dan senor, "fortune's" assistant managing editor, leigh gallagher and editorial writer for "the washington post," msnbc contributor jonathan capehart. morning, everybody. >> morning. >> good morning. >> morning. >> joe and mika have the morning off. have we heard enough yet about the fight between the press and the white house over tiger woods? >> oh, stop it. just please, stop it. >
CNN
Feb 20, 2013 4:00pm PST
that are going to take effect, and while we may be short on time, we are not short on blame. president obama for one was busy today with no less than eight local television interviews. the president, according to the white house, telling his side of the story directly to the american people, blaming republicans in this interview with wcvb boston. >> the way this arose was back in 2011, the republicans were threatening to default on the full faith and credit of the united states. and we had to avoid that. the hope was that they would use this year and a half to come up with a sensible deficit reduction package. now, we've reduced $2.5 trillion on our deficit. we've got about $1.5 trillion more to go. there's a better way to do it than this, but the key is for them to go ahead and put forward the balanced, responsible approach that will avoid these cuts. >> he wants them to put forth the approach. john boehner, meanwhile with, is the them, sort of. he made his case directly to the people too, today, blaming the president and he wrote in a "wall street journal" op-ed, mr. president, we agree th
CNN
Feb 20, 2013 1:00pm PST
of the story coming up later, barbara. thanks very much into here in washington, president obama is doing an end around the national press today. he's taking questions from local tv stations, blaming congress for doing nothing to avoid these forced spending cuts scheduled to take effect in just nine days. so what kind of cuts is the president willing to take? jim acosta confronted the white house press secretary today with that question. jim is joining us now. how did it go? >> reporter: wolf, here we go again. the white house and congress move one day closer to the massive forced spending cuts that go into effect at the end of next week. and even though they both agree it's a problem, they are both busy blaming each other to fix it. the white house sounding the alarm. poor children will be tossed out of classrooms, health services will be slashed, border security will be compromised and the economy will take a hit if forced budgets cuts begin to happen on march 1st and the obama administration says republicans will be to blame. >> the pleas that the republicans are making are throw these
CNBC
Feb 7, 2013 6:00am EST
, a week from now, president obama is going to do his state of the union address, okay? typically the market doesn't respond well when the president talks. then we're going to start to get into some of the nitty-gritty, some of the spending issues. that would be a perfect opportunity for the market to give half of that back. so we've had a 6% rally. why not, you know, reclaim three of that percent over the course of the next few weeks. >> do you feel like we're acting a bit bullish with regard to the markets? i get the feeling it's more buying from kaufton as opposed to selling at this point, right? >> i think that's right. first of all, you've approached a couple of psychological hurdles on the dow and the s&p. we've seen what earnings season is going to give us. we're approaching the sequester cuts on march 1st and there is an increasing belief that they're going to be triggered. and so when you add on to that the fact that payroll taxes went up and the economy is going to be pretty sluggish here in the first half of the year. so i agree with phil that we're probably going to gi
CNBC
Feb 21, 2013 4:00am EST
of the titans. >>> and japanese prime minister shinzo abe is heading to walk to talk to president obama. just what kind of reaction can abe expect from washington? we'll give you a preview. >>> before all that, let's recap what's happening in markets. we've seen more activity, in fact, higher volume over the last couple of sessions, really, than we've seen for much of the year. the volume is coming on a sell-off. u.s. markets fell yesterday following the release of the fed minutes. it was the worst day of the year for the s&p and nasdaq. as you can see, shedding 108 points there, a rare triple digit decline this year. energy and material stocks were the worst hit. all ten s&p sectors did hit the day lower. volatility on the rise. the vix rose nearly 20% on this session. the sell-off has continued overnight. the shanghai composite, the australian markets taking it on the chin. will i sixuan joins us from singapore. >> thank you, kelly. fears of an early access by the fed rocks sentiment here in asia today. the nikkei pulls back 1.4% from its 52-month high. investors remain cautious ahead of th
FOX Business
Feb 19, 2013 11:00am EST
are surprised. when president obama talks about abuse in medicare, somehow he is talking about medicare advantage. the administration should not be surprised that you have these bigger than expected cuts right here today on the reimbursement. dagen: to kind of look at it a picture, is this an effort by the government, either by the white house, to kind of chip away at even more the private option within medicare? >> i think you are absolutely right. the more there are other choices, the more people -- it has been working. the overall plan has come in significantly under budget. significantly under expectations. some of the allies do not like it. i do not think it is the right way to reform medicare spending. dagen: do you think, though, that the democrats will ever tackle cutting medicare spending? people are not paying in to medicare as much as they are taking out. how would you go about it? again, the dr. payments keep getting kicked down the road. when will these big picture cuts ever happen? >> look, i think you described it perfectly right. people are taking more out of the system
CNBC
Feb 19, 2013 9:00am EST
, president obama will attempt to pitch the job to firefighters against further raising taxes on the rich. ers kin and bowls will be here with a solution to the sequester. we'll talk about google as it nears $800 a share. and the company that has written detailed reports on how the chinese are hatching american industry. will join us live in the next hour of "squawk on the street." >> all right. make your past to post nine. >> they did it with the offering. this is holding. freeport did its giant equity offering and moves all the way down. eye a buyer here. >> goldman up on gnc. >> gnc has been remarkable. this is like herbalife is a supplement company. sh a retailer people just love and i think it goes higher. >> gilliad. >> when does it quit? the answer is never in an environment where you still get slow growth and they've got a lot of good stuff in the pipes. >> biomarin. >> this is one of those companies that has been a specialist in or fan drugs. i've had them on air on "mad money." they are a remarkably good cup. >> arco. are they in apple, are they out of apple? i think they're in apple
CNN
Feb 20, 2013 2:00am PST
. he was 20 years old, lived with his parents. he had no criminal record. >>> president obama ratcheting up the pressure on congress to avoid forced across the board spending cuts, cuts that kick in march 1. the president spoke as first responders looked on. >> these cuts are not smart, they are not fair, they will hurt our economy. they will add hundreds of thousands of americans to the unemployment rolls. this is not an ob tracks. people will lose their jobs. the unemployment rate might tick up again. >> the president criticized republican ideas for avoiding the cuts because they ask nothing he says from the wealthiest americans or from big corporations. >>> just when you thought the government had run out of things to tax, oh, no. a houston suburb with a budget problem has started to charge a crash tax. start next month. drivers will pay up to two grand for road service depending on how bad their auto wreck is even if they don't call for help. i mean, if the county has to pay to help, you know, move those -- >> the pictures of the crashes that they were showing, horrific. a
CNN
Feb 19, 2013 4:00am PST
for president obama and the administration here. president obama signing executive order last week to strengthen the nation's cyber security network. >> sandra endo, thank you. >>> another breaking news story. a daring heist happened at the brussels airport. eight masked thieves cut a hole in a security fence, drove onto the tarmac and stole diamonds from a swiss-bound airplane. it sounds like the plot from a movie. we are joined by dan rivers. walk us through what happened. was this essentially an inside job, dan? >> reporter: we don't know for sure what level of collusion there was, but we're being told they cut a hole in the perimeter fence of the airfield and simply drove on to the airfield, pulled up right alongside the plane with a huge cache of didamonds was being loaded. the figure we have is they got $60 million worth of diamonds. there may have been gold and palladium as well. there could be a huge amount of money involved here. and the sheer audacity, it is like the plot of an "oceans 11" film. the only evidence recover the so far is there say van that was found on fire near the airpo
CNN
Feb 23, 2013 11:00am PST
in. >>> and first lady michelle obama has come up with a few new movies. right there. she's been grooving with tv host jimmy fallon dressed as a mom. they got on the floor there. grooving. showing a little sprinkler action during what's called the evolution of mom dancing. a little shake it up, too. okay. wave to the crowd. all right. let's talk racetrack. danica patrick hoping to make nascar history again. last week she became the first woman to qualify for the front spot at daytona 500 getting what's called the pole position. tomorrow she'll try to become the first woman in history to win the big race. joe carter has more on the woman everybody will be watching on the track. >> i think there's an opinion that i'm probably hard or tough or too serious maybe, but i can tell you i'm probably like the opposite of that at home. number one, i'm very girly. i like to go shopping. i like to go get pedicures. i like to wear high heels and dresses. i'm definitely a lot softer than i am at the racetrack where i'm doing my job. >> reporter: love as it turns out has no caution flags. in nov
CNN
Feb 21, 2013 9:00am PST
. the detour takes drivers 50 miles off course. >> first lady michelle obama and big bird team up in getting kids healthy and active. >> we're here in the white house kitchen looking for a healthy snack to eat. >> gee, i bet you can get everything you want in this kitchen. >> you know what i like to reach for? healthy, colorful snacks like justy fruits and crunchy vegetables. >> those look good. >> it marks the third anniversary of let's move, mrs. obama's initiative to make sure kids grow up healthy and reach their full potential. >> jerry bus was so beloved. his memorial service success televised live today. before last night's case kobe bryant called him the greatest owner in sports and led fans in a moment of silence. he was 80 when he died monday. thanks for watching. newsroom international is next. >> welcome into newsroom international. i'm suzanne malveaux. >> and i'm michaelle holmes. >> we begin in south africa. oscar pistorius will not get out on bail today. his court hearing adjourned without a decision on whether to let the olympic star out of jail. so charged with murdering his
CNBC
Feb 4, 2013 4:00am EST
in the next half hour. but first, sorry to do this, we have to talk politics. >>> president obama says more tax revenue will be needed to help reduce the deficit. he'll push to get rid of loopholes such as the carried interest tax break enjoyed by private equity firms and hedge funds. >> i don't think the issue right now is raising rates. the question is, if we're going to be serious about reducing our deficit, can we combine some smart spending cuts, because there's still waste in government, can we reform our health care programs in particular because we spend a lot more on health care than every other country does and we don't get better outcome. so there's a lot of waste in the system and there are things that we can do to reduce health care costs. >> asked about the contraction in fourth quarter gdp in the u.s., president obama blames the dysfunction in washington surrounding the fiscal cliff. a sharp drop in spending did over-shadow strong housing data. it followed unexpectedly strong defense spending in the fourth quarter. maybe some positive news there. tina, from citi, she's been t
CNN
Feb 20, 2013 11:00am PST
an interview with the first lady, michelle obama, on her agenda, and she'll be on the red carpet for the oscars this sunday. welcome back, robin. we've missed you. >>> all right, facebook founder mark zuckerberg and google co-fou co-founder are teaming up to help change the lives of 11 people today. they're set to announce a newfoundation that rewards research aimed at curing certain diseases and extending human life. the first 11 recipients will each receive $3 million. our ali velshi will talk with zuckerberg and sergey brin at 3:00 eastern time. and we have much more this hour including new developments in the jodi arias trial. the woman accused of stabbing and shooting her boyfriend to death is on the stand today. she says she does not remember stabbing him. and drivers caught in a real traffic jam becoming sitting ducks for robbers. it's all caught on tape. we'll have the story. [ male announcer ] get more during red lobster's lobsterfest. with the year's largest selection of mouth-watering lobster entrees. like our delicious lobster lover's dream, featuring two kinds of succulent lobster
CNBC
Feb 1, 2013 12:00pm EST
expense with more people using hospitals because of obama care it's going to keep going. >> media stocks have done quite well. cbs? >> cbs is great. i like, i mean, the wyndham, the number one on that list earnings wednesday next week, judge. i like this one because barry sternwick was on cnbc i think monday this week. he of course with starwood and so forth talking about how properties around the world have appreciated and perhaps how they're not valuing properly the land underneath many of those properties. wyndham is a beneficiary of that. and obviously any of the reitization of any of these companies could also put a lot more on the bottom line. >> and the whole travel and leisure complex has done very, very well. >> yes. >> through the year. airlines, priceline, so that's wyndham as well. >> something we haven't talked about yeah we've talked about this move back to 14,000 on the overall market but not what was leading today. that was telecos. that is the leadership group today. what is your outlook? kind of amazing. what's happening, what is driving the telecos today is the faceboo
NBC
Feb 20, 2013 7:00am PST
. the obama administration is announcing steps to deal with an increase of cyber attacks linked to the chinese government. according to the white house the chinese are trying to cause mass chaos here. andrea mitchell is following the story from washington. good morning to you. >> good morning. today the attorney general and other officials will be speaking out about the dangers of cyber attacks against american trade secrets. even as alarming new evidence points to china's military, as a major source of the cyber war. >>> zeroed in on that shanghai nondiscrypt neighborhood and 12 story building. cyber attacks against 141 u.s. companies spanning 20 industries. according to a new security report, confirmed by u.s. intelligence, the it is the headquarters of unit 61398, the cyber warriors for china's people's liberty. army. >> it's actually not just from china. the chinese government sanctioning these attacks. >> among the targets of the hackers, america's very infrastructure. >> now our enemies are seeking the ability to sabotage our power grid, our financial institutions, our air traffic contro
CNBC
Feb 21, 2013 9:00am EST
, they voted to put taxes up on the rich. what obama campaigned on. >> i don't necessarily agree with that the republican party made a loft mistakes. obama won the election happenedly. on this particular issue, the number of cut suss half of what you're talking about and if we can shrink the government and it's been shrinking slowly, it's good for the private sector, it's pro groul growth and i think the sequester is not to be feared. actually going to help economy and the stock market. >> defense sector, for instance, is held up under cliff worries. see how it is under these worries. >> the worst case scenarios ain't gonna happen. i have been through this when i worked for flaengt budget bureau. not going to be a government shutdown. there's going to be a continuing resolution. and they are going to reallocate from defense to non-defense. this story is going to turn out good, not bad. that's my point. going to be a plus story, not a bad story. >> larry, thank you for coming in. be sure to catch larry, "the kudlow report," every week night at 7 p.m. eastern time. coke just tanked
CNN
Feb 20, 2013 4:00am PST
that the tiger woods/president obama duo defeated ron kirk and the houston astros owner jim crane. as for the president's game, tiger says the president has amazing touch, chipping and putting. >> he was actually gushing about the president's game. he said if the president had time to work on his game more he would really develop. >> he did nwhat a great second tiger woods, a man so far down in his shoes and look he's now golfing with the president. >> although the president won't allow pictures to be taken of it so back to an extent. >> i think that's the president's vanity of having a crappy game. >> oscar pistorius' bail hearing was contentious this morning, the defense and the prosecution giving different versions of what happened the day that pistorius' girlfriend was murdered. we'll have the details at the top of the hour. >>> one of the most popular shows on tv right now, alex karpovsky who plays ray on "girls" will join us live, that's ahead. >> young girls and older ladies. it's the in betweens that are a problem. [fight bell: ding, ding] how many here are google users? w
CNN
Feb 21, 2013 12:00pm EST
announcing first lady michelle obama teaming up with "sesame street's" big bird for two public announcements. they are encouraging kids to get active and eat healthy. >>> former first lady laura bush featured in the ad supporting same sex marriage. the respect for marriage features other republicans supporting same sex marriage. a spokesperson said mrs. bush did not approve of her inclusion or associated with the group that made the ad. she's asked the group to remove her name from that particular ad. same group behind the ad invited financial expert suzy orman to host an event in new york today. she talked about how banning same sex marriage actually hurts the economy and now orman's comments come at a time when the supreme court is considering constitutionality of the defense of marriage act. it defines as marriage exclusively between a man and a woman. it allows states not to recognize same sex marriage licenses that are issued in other states. so, suzy, good to see you. you're not a member of the group. we want to make that clear. you're not in this ad. but you were invited to speak befo
CNBC
Feb 22, 2013 9:00am EST
, a hack-a-thon at the white house. we have the details on president obama's silicon valley-like soiree. >>> welcome back to "squawk on the street." it's friday. therefore, it's friday's i decisi edition of the "santelli exchange". the big issues of the day are all wrapped around debt and deficits. no matter how you want to spin it, how you want to deal with it, how you want to avoid it or how you want to get around it, these are at the epicenter. i think back, fannie, freddie, don't see many solutions. those are called government-sponsored enterprises. basically agencies of the federal government that were set up and the boiler-plate was, not guaranteed by the u.s. government. what in essence they were. now, let's think back to some of the new issues of the day, infrastructure bank. in the state of the union, the president called for this as something to build and save the country and the economy. now, let's also look at some acronyms. transportation infrastructure finance and innovation act. that will be expanded to, yes, rise of the zombie clones to create another agency very similar
Search Results 0 to 35 of about 36 (some duplicates have been removed)